Corporate Integrity Agreements are one form of dynamic governance that may be able to temporarily increase fiduciary duties as a form of quasi law.
Source quote, verbatim
Corporate Integrity Agreements (CIAs), for instance, could be one form of dynamic governance that may be able to temporarily increase fiduciary duties as a form of quasi law.
From
Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013), Dynamic Regulation, p. 10 · source PDF
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Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)
Holds when
corporations subject to a Corporate Integrity Agreement
restateskaal:claim:2317580-039 As a unique hybrid category, CIAs transcend both the law of fiduciary duties and aspirational corporate govern...
extendskaal:claim:2317580-031 Courts treat companies that executed a CIA differently from other companies, and are increasingly recognizing ...
extendskaal:claim:2317580-032 When a company operates under a CIA, the judicial distinction between the law and aspirational corporate gover...
specializeskaal:claim:2273857-013 Although implementing dynamic elements in regulatory structures remains uncertain, promising regulatory tools ...
restateskaal:claim:2317580-007 The contractual obligations contained in CIAs can enhance directors' default fiduciary duties, expanding the d...
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